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Nov 30, 2012
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bill: we heard a little bit from chris van hollen. what is the latest reaction from democrats to republicans mike? melissa: democrats say if you don't like the president's plan, republicans where is your plan? where exactly are you going to generate more revenue. they're trying to draw the republicans out to put specifics out there in terms of what cuts they want to make to entitlements, feeling like that may hurt republican argument. bottom line, house democratic leader nancy pelosi says she thinks republicans will eventually see the light. melissa: why am i confident? because it is the right thing to do. the american people expect and deserve this to happen. it is only a decision. it is only a decision to make, tough choices. there are tough choices for us. this isn't easy. but it is necessary. and i have confidence that my republican colleagues will see the light. >> reporter: but republican leadership aides say we had seven weeks essentially for congress and the white house to work this deal out. they have burned three three of th
bill: we heard a little bit from chris van hollen. what is the latest reaction from democrats to republicans mike? melissa: democrats say if you don't like the president's plan, republicans where is your plan? where exactly are you going to generate more revenue. they're trying to draw the republicans out to put specifics out there in terms of what cuts they want to make to entitlements, feeling like that may hurt republican argument. bottom line, house democratic leader nancy pelosi says she...
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Nov 29, 2012
11/12
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joining me now is chris van hollen, democrat from maryland. he was in the democratic leadership meeting with secretary geithner this meeting. congressman, thank you for your time tonight. >> reverend, good to be with you. >> congressman, you were in the meeting on the hill today. the white house wants $1.6 trillion in tax increase, 50 billion in economic stimulus and new power for the president to raise the debt limit without congressional approval. what can you tell us about that? >> well, first of all, secretary geithner on behalf of the president had two meetings on the house side. one with the republican leaders and one with democratic leaders. you're right, secretary geithner laid out key provisions. many of these are in the president's budget. if the republicans look carefully at the budget, it has called for a jobs plan that includes $50 billion of investment and that's part of a plan that would also immediately extend tax cuts to 98% of the people. the president has said we need $1.6 trillion in revenue as part of a long-term deficit r
joining me now is chris van hollen, democrat from maryland. he was in the democratic leadership meeting with secretary geithner this meeting. congressman, thank you for your time tonight. >> reverend, good to be with you. >> congressman, you were in the meeting on the hill today. the white house wants $1.6 trillion in tax increase, 50 billion in economic stimulus and new power for the president to raise the debt limit without congressional approval. what can you tell us about that?...
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Nov 29, 2012
11/12
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. >> stand by, i want to bring in chris van hollen. good to see you. >> great to see you. >> from what you're hearing, are you close to a deal? >> we're not close to a deal. everyone's continuing to work very hard to get a deal. the president and secretary geithner reaching out to capitol hill as the president is reaching out to the country. >> let's talk about some of the numbers. politico reporting $1.2 trillion in tax increases. $400 billion in entitlement cuts. mostly from medicare. another $1.2 trillion in spending cuts and war savings. does that soiund like it's in te ballpark to you? >> i think it's too early to say what's in the ballpark. the overall question you're asking is how much will come from revenue, how much will come from cuts. there's been no agreement reached on that yet. and you have to fill in the details. >> let's talk about one of the things that is getting conversation today. if the republicans give on raising taxes, and we know that skr john boehner and a lot of republicans have said they don't want to raise t
. >> stand by, i want to bring in chris van hollen. good to see you. >> great to see you. >> from what you're hearing, are you close to a deal? >> we're not close to a deal. everyone's continuing to work very hard to get a deal. the president and secretary geithner reaching out to capitol hill as the president is reaching out to the country. >> let's talk about some of the numbers. politico reporting $1.2 trillion in tax increases. $400 billion in entitlement cuts....
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Nov 29, 2012
11/12
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chris van hollen made similar comments. it is a little bit influx as to what will happen. host: it was designed as a temporary cut to boost the economy. it increased take-home pay an average of $1,000 to $1800 per worker. here is a chart from "mondey' magazine. host: prio to december, 2010, that's what everybody was paying. has been proven this was stimulus toward the economy? asest: i didn't know it w proven. i think economists believe it does help boost the economy a little bit. host: we want to put the numbers on the screen if you like to participate in the discussion with the so-called fiscal cliff and the payroll tax cut specifically. 202-585-3880 for democrats. 202-585-3881 for republicans. you can e-mail us or post a twitter comment at twitter.com/cspanwj. going back to the origins of this idea. who developed it? did the republicans resisted at first? guest: there was a tax credit with a similar targets that obama was a champion of in the 2009 stimulus bill. he wanted to continue that. republicans oppose that tax credits. they opposed many things in the stimulus bil
chris van hollen made similar comments. it is a little bit influx as to what will happen. host: it was designed as a temporary cut to boost the economy. it increased take-home pay an average of $1,000 to $1800 per worker. here is a chart from "mondey' magazine. host: prio to december, 2010, that's what everybody was paying. has been proven this was stimulus toward the economy? asest: i didn't know it w proven. i think economists believe it does help boost the economy a little bit. host: we...
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Nov 28, 2012
11/12
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i had representative chris van hollen on here yesterday. what about slowly raising the age from the future. getting it into legislation now. people are living longer, the game has changed in terms of this dynamic and the numbers and framework are quite old. he said no way. i will not consider that. what about means testing? what about people who have enough money to not need these benefits? should democrats be open to those two ideas? >> i think they should. certainly raising the age and raising the amount of money past which you contribute to social security. they could raise that. those are good ideas. i don't agree with van hollen on that. >> if you curtail spending people will get less stuff. it will affect the beneficiaries. reform is a cut. let's not lie. these programs are unsustainable. better tell the truth now. >> you can't say the republicans care about deficit reduction if they are not look at ways to enhance revenue. that conversation is over. the republican leader was holding the line on that. >> they could have negotiated yea
i had representative chris van hollen on here yesterday. what about slowly raising the age from the future. getting it into legislation now. people are living longer, the game has changed in terms of this dynamic and the numbers and framework are quite old. he said no way. i will not consider that. what about means testing? what about people who have enough money to not need these benefits? should democrats be open to those two ideas? >> i think they should. certainly raising the age and...
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Nov 28, 2012
11/12
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congressman chris van hollen, great to have you with us tonight. thanks so much. >>> now let's turn to jan schakowsky of illinois. always a pleasure to have you with us. >> thank you, ed. >> is the caucus satisfied with the way the debt deal is being pushed by democrats in the white house now? >> here's what we think. the framing is not about the base of the republican party or the base of the democratic party. it's really about the 99% versus the 1%. it's not a matter of widely spreading the debt fix. it's about fairly spreading the debt fix and for the republicans, even to hold out for a minute on continuing tax breaks for the wealthiest americans is absolutely outrageous and, in fact, the entitlement cuts, are they saying that the united states of america is poorer today than 50 years ago? we're not. >> that's a key point. how nervous are progressives in congress, in the house especially, that the big three will be on the table. social security is off the table. they made that clear. but if the republicans were to show up with a lot of revenue,
congressman chris van hollen, great to have you with us tonight. thanks so much. >>> now let's turn to jan schakowsky of illinois. always a pleasure to have you with us. >> thank you, ed. >> is the caucus satisfied with the way the debt deal is being pushed by democrats in the white house now? >> here's what we think. the framing is not about the base of the republican party or the base of the democratic party. it's really about the 99% versus the 1%. it's not a...